Agricultural and business property relief changes that were first announced at Autumn Budget 2024 will
Agricultural and business property relief changes
Category: Inheritance Tax
IHT treatment of unused pension funds and death benefits
The 2027 reforms will shift more responsibility to personal representatives, who may need to manage
Inheritance Tax and CGT relief for national heritage assets
Certain buildings, land, works of art, and other objects of national significance may be exempt from
Gifts with reservation of benefit
Gifting assets can cut inheritance tax, but traps like “gifts with reservation of benefit”
Unused pension funds and IHT from April 2027
From 6 April 2027, new measures first announced in the Autumn Budget 2024 will come into force. These
Trusts and Income Tax
Trustees must manage assets, follow tax rules, and register with HMRC where required.
A trust is a legal
Who can claim the IHT residence nil rate band
With the Residence Nil Rate Band (RNRB), families can pass on up to £1 million without IHT
The RNRB is
Estate valuation for IHT purposes
Before probate begins, you must estimate the estate’s value to see if Inheritance Tax applies. This
IHT Agricultural and Business Property Relief changes confirmed
Despite intense lobbying by the farming community, the proposed reduction in IHT Business and
IHT Unused Pension Funds and Death Benefits changes
It was confirmed with the publication of the draft Finance Bill 2025-26 that measures first announced in
